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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jun 13, 1938
Page
4
hogs at Chicago stockyards climb with top price $9.30 per hundredweight and 13 000 hogs expected. receipts across major yards reported with mixed movement in cattle and sheep. prices firm across several regional exchanges and byproducts. strong demand and shifting direct sales noted.
Local market hog prices moved higher Monday with all grades up by 10 cents. The top price reached 8.80 per hundredweight while cattle and other markets largely held steady aside from wholesale fruits and vegetables. Cattle entries show varied weights and grades with several ranges cited for hogs and calves, reflecting a robust but uneven market.
Rural Cedar Rapids market listing with grain prices oats barley corn soybeans hay and straw produce prices for butternut cream eggs and livestock hides. Includes No 1 No 2 and wholesale fruit vegetable prices for lemons oranges grapefruits celery lettuce bananas and other staples.
Wheat prices on the Chicago board moved erratically with an easy undertone. In final hours losses hovered around 2 cents a bushel, with July futures down to 79 percent, and other grains also easing. Exports and mill buying offered brief support, but selling pressure and profit taking dominated, pushing prices to day’s new lows. corn and oats followed the broader weakness amid hedge selling and light export activity.
Winnipeg wheat prices show July at 1.054, up 1.06 percent, and Dec contracts around 1.0334. Minneapolis receipts 97 cars with May basis up one cent, quotes for cash No. 1 heavy dark northern about 1.024, and No. 1 dark hard Montana around 0.95 to 0.97. Chicago cash provisions list No. 2 yellow corn 0.58 to 0.59, oats and barley values noted.
Wisconsin cheese prices show slight changes with palmary items like Twins and daisies listed for the week. Sugar markets in New York show no change in spot prices while Cuban and duty free sales were estimated Friday. Foreign exchange rates in New York edge lower with multi country bid values and cross rates noted in noon quotes.
Boston wool market shows slow spot business on Monday with modest direct purchases by local houses. Texas wools sold around 55 to 57 cents scoured for 12 month wools while country packed mixed lots brought 42 to 44 cents scoured delivered east or 23 to 24 cents greasy. overall prices unchanged from last week.
New York bond market trends downward due to rail sector weakness and anticipated carrier aid legislation. Morning trading saw 1 to 2 point losses in issues like Central 5s of 2013 and Consolidated 4s of ’98, with mixed US government notes and slight gains in North American Co. and Santa Fe. Foreign dollar bonds edged higher in Polish and Italian groups while activity remained light.
AP reporting on Chicago markets shows poultry prices for live stock with hens and chicks listed by weight, turkeys ducks and geese pricing, and receipts totals for butter eggs and lard. U S and California potato prices, carrots, and cobbler stock across several states are detailed with condition based pricing and on hand quantities.
CHICAGO INS reports 12 year old Robert Schumann was guest preacher at Austin Boulevard Christian church. His dad pledged a trip to a ball game if the sermon pleased. He urged missions and noted larger collections. When asked about ministry, he said he plans to be a big league player.
New York AP report notes stock market leaders slipped Monday with industrials down about two points and volatile issues fluctuating. Trading volume was very light around 350000 shares, the lowest in about four years. The only notable positive was talk that Congress would adjourn soon as the wage hour bill neared passage.
Published with quotes and figures listing numerous stocks and prices including Adams Express Alaska Juneau Allegheny Corp Allied Chem Allied Stores Allis Chalmers Amn Canat Intl Nickel Amn For Pw Bennet & Co W H Telephone 9151. A long string of tickers follows with bid prices and percentages across industries from Steel to Utilities. The Chicago close lists Amn Pub Sv 47 456 Baxter Co Arbestos Mik Gen Hshold Autom Prds 1 5. Quaker Com 2415 Quaker Pr 1384 45 Comw Edison Cons Biscuit 47a Swift & Co 11 re gH St 1644.
DETROIT AP The Advertising Federation of America opened its thirty fourth annual convention with praise from President Roosevelt who sent a greeting. He stressed advertising’s role in the national economy and its link to production and distribution. The convention theme Advertising Makes Work was called significant to accelerate recovery and promote happiness through broader purchasing power and employment.
Eugene Casey, 32, a Negro taxi driver, wrote to the city treasurer asking to be taken off relief and how he could repay the $49.10 his wife and he received. He said the relief came during his illness in City hospital and that repayment fits his upbringing. He added he is able to work again and wants to teach his child the same value.
The Ladies Aid and Missionary society of the Presbyterian church will meet Thursday at the home of Miss Henrietta Robinson on Alburnett road. The young people of the church will lead devotionals. Various locals and visitors are named throughout the column including J A Summers, L M Phelps and Iola Mae Robertson.
NAHANT Mass January date details John Roosevelt and Anne Lindsay Clark plan a first dance to I Married An Angel after a church service and reception at Nahant Tennis Club. Orchestra leader Ruby Newman notes no hotcha swinging and that John avoids waltz while Mrs Roosevelt may hear a lively waltz later. The couple, amid 10000 onlookers at Mrs Clark’s Atlantic summer home, enjoy a pool outing.
Opening statements were made before District Judge C. J. Haas in a hearing on an application by six plaintiffs and eight intervenors for a temporary receiver. They seek to reestablish Preferred Class Mutual Insurance company after its merger with Iowa Mutual Liability Insurance. Defendants claim plaintiffs lack standing and that merger was valid with approvals from state officials. Proceedings continued to Tuesday at 9 a.m.
Adelbert A. Clevenger seeks district court citation against former wife Lulu May Clevenger claiming she failed to surrender custody of their minor son during the school summer vacation as required by a divorce decree. The stipulation reportedly gave custody to Mrs. Clevenger except for the summer period allocated to the father.
District Judge H. C. Ring Monday authorized administrator of the Sarah Mertie Rosenberger estate to pay 159.94 to the Linn county treasurer in full satisfaction of an omitted moneys and credits tax claim. Lola B. Cronk seeks a divorce from Harold B. Cronk on cruel and inhuman treatment. they wed at Nashua on June 4, 1930.
Fire raged Monday threatening the entire eastern portion of the Olympic National Forest in Port Townsend Washington. The blaze endangered a rich timber area as authorities fought to control the spread amid smoke and flames.
A person plans a July visit to Chicago to stay with relatives Mr. and Mrs. A. M. Holzworth. Mr. and Mrs. Irving Drake hosted a Sunday dinner with Mrs Drake's sister Mrs. C. A. Bush and her children Clarence and Feral of Sarasota, Fla., T. G. McGowan of Huntington Park, Calif., and Mr. and Mrs. George B Gray and Miss Opal Gray of Marion. Marion chapter No. 10, R. A. M., to meet Tuesday at 7 30 p.m. in the Masonic temple.
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